RE:economics vs strategyBig Rock has assets worth approximately 56M
Total debt 26M
So they are currently trading at about 25% of net worth.
Share price has been pushed down 75% this year on very low volume. On November 21 it went down 27% with only 10K traded on the TSX exchange.
Insiders haven't sold any significant amount of shares recently. They must be confident that BR will get the house in order.
|
Name | Equities | % | VN Capital Management LLC | 1,940,000 | 27.9% | JC Clark Ltd. | 828,300 | 11.9% | James Riddell | 337,214 | 4.85% | Kathleen McNally-Leitch | 243,389 | 3.50% | Wayne Arsenault | 45,488 | 0.65% | Sam Galick | 44,350 | 0.64% | Michael G. Kohut | 25,293 | 0.36% | Wells Fargo Bank, NA (Private Banking) | 24,200 | 0.35% | Don R. Sewell | 22,051 | 0.32% | Paul Howden | 12,204 | 0.18% | |